2, SPALDING ROAD, BOURNE, PE10 9LE - £124,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 SPALDING ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £124,950 in June 2010, which was around 42% below the average June 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 SPALDING ROAD Sold Prices

Land registry data shows two sales for 2 SPALDING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 2 SPALDING ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 4 JUN	£124,950	£214,162	42% below HPI
2003 18 JUL	£110,000	£179,990	39% below HPI

2 SPALDING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 2 SPALDING ROAD sales from July 2003 and June 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2010 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 SPALDING ROAD?

2 SPALDING ROAD is 64m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 2 SPALDING ROAD lies on this distribution: 5% of detached houses are smaller than 2 SPALDING ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 SPALDING ROAD: Plot and Title Map

2 SPALDING ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 SPALDING ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 SPALDING ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 SPALDING ROAD?

2 SPALDING ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on SPALDING ROAD.